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Vow ASA (SSHPF)
- Globe Newswire
Vow ASA: Significant change order confirmed
Oslo, 4 April 2024: Vow ASA (OSE: VOW) Scanship AS has achieved a significant milestone today by securing a change order worth EUR 2.1 million from a prominent European shipyard. This is a change order to two existing contracts in the company’s backlog. With this change order, the total scope of the largest contract now amounts to EUR 10.4 million, ranking it as the largest single technology supply contract ever awarded to Scanship for a cruise ship under construction. “This is more than double
- GlobeNewswire
Vow ASA: ABOUT VOW’S ACCOUNTS FROM 2019
Vow has received questions suggesting that recent media coverage and an analyst report have left the impression that Vow from 2019 has misreported cost. This is not correct. Apparently, the analysis and the media report have overlooked that the company has capitalised relevant development costs during the period. Since 2019 Vow has successfully introduced new internally generated technology and entered into new markets. For selected contracts that have required new technology, some operational e
- Globe Newswire
Vow ASA: Contract wins in heat intensive sector
Oslo/Fredrikstad, 6 March 2024: Vow ASA (OSE: VOW) subsidiary C.H. Evensen continues to prove its relevance in the heat intensive industry sector, this by being awarded NOK 30 million of contracts to undisclosed blue chip recurring customers in Europe. The bidding activity continues to be high in Vow’s Heat Solutions division, and the order backlog within this division now stands at around NOK 110 million of which a substantial part will convert to revenue in 2024 with robust margins. Faced with
